Food Industry

The pastry maker is partnering with the chocolate manufacturer on new flavors, and a popular U.K. gummy candy makes its way into Target.

The expansion is expected to add 500,000 square feet of space and create at least 160 new jobs to the establishment making yogurt, oatmilk and coffee creamers.

The divestiture comes as the CPG company prioritizes fewer, bigger brands to spur growth. It’s expected to divest its ice cream business in 2025.

Savor says its dairy-and-plant-free alternative can replace animal fats and palm oil, and it plans to work with consumer packaged goods companies to advance ingredient innovation.

The USDA’s latest weekly report on the egg market noted, however, that retail egg prices do not yet reflect these trends and demand is expected to remain under pressure until that happens.

New findings from Intuit Credit Karma show half of U.S. consumers have changed their spending habits in anticipation of tariffs, led by Gen Z and millennial shoppers.

The food product maker aims to enhance procurement processes and boost productivity as part of a larger transformation journey.

In other beverage news, a new brand plans to brew traditional Japanese sake in the U.S.

The ice cream maker alleged the CPG giant has “repeatedly threatened” the ice cream’s personnel if they failed to “silence” their outspokenness.

Tariffs and retaliatory backlash not only limit the market for U.S. spirits producers abroad, but also present challenges to companies whose portfolios depend on imported brews.